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Tesla Stock Is Up 5X Since Elon Musk Said It Was ‘Too High’ – He Just Noted Same For Bitcoin, Will History Repeat Itself?

Elon Musk has stood up for cryptocurrencies once again. The billionaire businessman who is very vocal about his views on tech, finance, and everything in between did not hesitate to defend cryptocurrencies when gold proponent Peter Schiff tagged Bitcoin and Fiat as “bullsh*t” assets, referencing a previous tweet Musk made about Bitcoin. Schiff proceeded to […] дальше »

2021-2-22 16:39


Nvidia’s Latest RTX 3060 Limits Ether Hash Rate by 50%, Introduces CMP for Professional Mining

Nvidia is limiting the Ethereum hash rate by 50% with its latest RTX 3060 software drivers, shared by the company on Thursday. It noted, “RTX 3060 software drivers are designed to detect specific attributes of the Ethereum cryptocurrency mining algorithm and limit the hash rate, or cryptocurrency mining efficiency, by around 50 percent. дальше »

2021-2-20 20:03


Institutions Are Sucking Bitcoin’s Supply; Adding Fuel to the Fire for the 2021 Bull Run

Bitcoin price is having a bit of a moment as it continues to hit $50,000 only to drop back under $48,000. Currently, BTC/USD is trading around $49k with $10.32 billion in ‘real’ volume. The latest uptick in price is the result of the continuous buying from Coinbase whales as Charles Edwards of Capriole Investments noted, […] The post Institutions Are Sucking Bitcoin’s Supply; Adding Fuel to the Fire for the 2021 Bull Run first appeared on BitcoinExchangeGuide. дальше »

2021-2-17 22:33


Ethereum Flips Bitcoin in Value Settlement Terms

The milestone move was noted by Ethereum advocate and Mythos Capital founder Ryan Sean Adams who posted a CoinMetrics chart comparing adjusted value on-chain transfers for the two assets. Both Bitcoin and Ethereum saw their transfer values spike in January 2021 as new all-time highs were hit, but ETH has now flipped its big brother … Continued The post Ethereum Flips Bitcoin in Value Settlement Terms appeared first on BeInCrypto. дальше »

2021-2-10 10:46


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Visa CEO agrees Bitcoin is digital gold, affirms readiness to partner with crypto exchanges

Alfred Kelly, the CEO of the American multinational financial services corporation Visa has recently made some noteworthy comments about cryptocurrencies like Bitcoin. In its recent Q1 earnings call, the CEO noted the “growing interest in digital currencies,” as he disclosed the company’s plans for cryptocurrencies in the near future. дальше »

2021-1-31 19:29


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Bitcoin Enters Consolidation Phase as Analysts Set Their Sights on This Major Crypto

Bitcoin has seen some mixed price action as of late, with bulls and bears largely reaching an impasse as the crypto consolidates Following its recent plunge to below $29,000, the crypto has been seeing some sideways trading that has made it incredibly unclear as to where it will trend next One analyst noted that Bitcoin is showing few signs of clear strength or weakness, which likely means that it is bound to see some sideways […] дальше »

2021-1-24 23:00


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Growing Bitcoin Adoption Hurting Gold Market, Gold Price Will Continue to Weaken, Says JPMorgan

The rise of bitcoin is hurting the gold market and may continue to do so for many years to come as institutional adoption grows, according to JPMorgan Chase & Co strategists. Led by Nikolaos Panigirtzoglou, the strategists noted the declining inflow of funds allocated to gold exchange-traded funds (ETFs) since October, as flows into bitcoin […] The post Growing Bitcoin Adoption Hurting Gold Market, Gold Price Will Continue to Weaken, Says JPMorgan appeared first on Bitcoin News. дальше »

2020-12-11 02:30


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Citibank Downgrades MicroStrategy Stock Rating Over The Firm’s “Excessive” Bitcoin Focus

Citibank downgraded MicroStrategy stock rating on December 8, citing the business intelligence firm’s recent bitcoin allocations as the key factor. Specifically, Citi analyst Tyler Radke lowered MicroStrategy’s stock from a “neutral” to a “sell” soon after the company announced that it was planning to raise $400 million in order to purchase more bitcoin. Radke noted […] дальше »

2020-12-10 20:10